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Financial Risk, Compliance & AML Updates — SRA on Holding Client Funds, Australian AML Review, New US Business AML Rules Taking Effect

October 18, 2023

“Holding Client Money Could Face Increased Regulatory Scrutiny” —

  • “Law firms holding client money could come under increased scrutiny from U.K. regulator the Solicitors Regulation Authority given the cash that could now be earned from higher interest rates, one lawyer has warned.”
  • “With the base interest rate in the U.K. rising from 0.1%

…

Risk News — Alleged Side-switching Conflict Fight Unfolds, New Judicial Stock Ownership Insight Website Slow to Stick

October 17, 2023

AML Again — More Detail and Commentary on ABA Anti-money Laundering Push, Real Estate Rules On the Horizon

August 25, 2023

BRB Law Firm Risk Staffing Compensation Survey (2023 Edition) — Now Open!

August 15, 2023

Client Due Diligence — Perspectives on Risk, Costs and Concerns Tied to Law Firm New Business Intake and CDD

August 3, 2023

Law Firm Conflicts Clashes — Firm Withdrawal in “Side-switching” Conflicts Allegation, Very Late DQ Motion at Crux of Veritas Clash, Miami Mayor Maintains Law Firm Job While Pursuing Presidency

June 21, 2023

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